edl to release info early. I did think the study would be out on the 31st March at the earliest. So why this early ? Now this little rise today and a narrower spread... HHmmnn something cooking me thinks... We will see.
At current levels will kill this share as it will take 2 billion shares to raise £500,000. If the BOD have any clue they will provide some early reasons for a decent rise in the SP in the very short term.
I think that a placing is inevitable. Just a matter of when. I shall hold and hope that it rewards the patient people here who have been invested here for years. I think we will see some trading which may give a temporary rise prior to placing.
...2018 now the new target date, and all that needs to be done between now and and then, I just can't see the money lasting so a placement is on the cards. But then a loan from the bank and money from JV partner may also materialise, but for me a placement will happen at some point, and it may be sooner rather than later as they like to go to the potential partners with a healthy bank balance.
Placement could well be 0.03p, which might make us the cheapest share price on AIM!!!
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